MILLWAY, PRESCOTT ROAD, PRESCOTT, SHREWSBURY, SY4 2DP - £404,000

MILLWAY is a large detached house of 141m², built sometime between 1950 and 1966. It was last sold for £404,000 in February 2024, which was around 5% above the average February 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was C.

MILLWAY Sold Prices

Land registry data shows three sales for MILLWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three MILLWAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 8 FEB	£404,000	£386,466	5% above HPI
2000 19 JUL	£148,500	£121,768	22% above HPI
1997 30 SEP	£106,000	£93,869	13% above HPI

MILLWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three MILLWAY sales between September 1997 and February 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2000 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2024 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is MILLWAY?

MILLWAY is 141m² according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of detached houses in Baschurch, based on EPC data. The below chart shows the distribution of detached houses by size in Baschurch, and where MILLWAY lies on this distribution: 68% of detached houses are smaller than MILLWAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Baschurch.

MILLWAY: Plot and Title Map

MILLWAY sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of MILLWAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of MILLWAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is MILLWAY?

MILLWAY is located on PRESCOTT ROAD in PRESCOTT, in the SY4 postcode district. The below map shows the position of MILLWAY on PRESCOTT ROAD.